Business Tianjin Magazine - Business English Magazine in China

German Chamber of Commerce in Tianjin will celebrate its 10th Years Anniversary with a Spring Reception on Friday, February 22nd, the first and major high-level gathering of the year.

This event is also quite memorable for Dr. Björn Lindemann, who has personally witnessed the Tianjin Office’s remarkable development as the former Tianjin Office Head and presently sits as a Board Member of the German Chamber of Commerce North China. Dr. Lindemann eventually joined Haver Technologies Tianjin in 2015, and Business Tianjin was honored to talk with him in this important milestone.

In December economic data of China were weaker than analysts had hoped for. Both exports and imports are declining, and manufacturing activity is slowing down. The government is taking several measures to provide another layer of support over the long term; such increase the liquidity to People’s bank of China, infrastructure investment, fiscal incentives for households and firms, and more support to small businesses. Despite the current challenges, the economy is still resilient and growing, albeit at a slower rate. The developments in 2019 are yet to be fully seen, and it is too early to predict a too pessimistic or optimistic scenario.

The debt rate in China has enormously constructed to approximately 260% to 300% of the size of the GDP. This has raised questions regarding the potential financial scenarios that are looming in front of our site. You can read in our In Depth column an analysis about this important topic.

There are many other interesting articles this month, and I invite you to read them all after having checked our content page. We are sure you will find topics that will help you in your professional and personal life, such the ways blockchain technology will impact the marketing world, how China is making a huge breakthrough bringing smart technologies into the agricultural sector, and why Chinese have been tagged as the fastest adopting and most e-savvy people in the world.

Visit our website www.businesstianjin.com and follow us on our official Wechat account (ID: business_tianjin) for a complete list of articles and information.

Best Wishes and Successful 2019!

Mary Smith
Managing Editor | Business Tianjin Magazine
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CONTENTS

06 BIZ BRIEFS10 ECONOMY: Feeling the Pinch of the Trade War

12 FEATURE STORY: How China's Growth Model is Different from Other Models